Accounting for Medical Practices

Running a medical practice is no small feat. From diagnosing ailments to offering life-changing treatments, your plate is always full.  But amidst the hustle of patient appointments and the commitment to improving lives, another aspect demands your attention- the health of your medical practice’s finances. The challenges of accounting for medical practices can be as …

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Cryptocurrency Accounting & Bookkeeping

Whether you’re investing in crypto yourself, you know someone who is, or you’ve heard about it on the news, cryptocurrency is big business. From highly volatile coins to coins with a steady increase and incredible value, many see bitcoin and similar currencies as a quick and effective way to make cash. But as a relatively …

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Growing Tax Incentive To Invest In Affordable Housing

It’s never been a better time to invest in affordable housing, now that the ATO has announced new tax incentives for investors who provide housing to people in the low- to moderate-income range. On 9 May 2017, the Australian Government opened up new possibilities for real estate investors to save money when tax time rolls around. …

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Capital Gains Tax Improvements

What Is Happening with CGT? On 9 May 2017, the Australian Government made the announcement that they would be making changes to small business capital gains tax (CGT) concessions. The proposed amendments will ensure that these concessions are only able to be accessed in relation to assets that are used in a small business, or …

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